Corporate News | 10/29/2009

RHÖN-KLINIKUM AG: RHÖN-KLINIKUM AG continues its growth course

RHÖN-KLINIKUM AG / Quarter Results/Forecast29.10.2009 Dissemination of a Corporate News, transmitted byDGAP - a company of EquityStory AG.The issuer / publisher is solely responsible for the content of this announcement.
After nine months:* 1.35 million patients (+ 9.1%) put their trust in us* Revenues grow by 8.6% to EUR 1.72 billion * Net consolidated profit rises by 8.9% to EUR 97.1 millionForecast for 2009 refined:* Revenues of EUR 2.3 billion* Net consolidated profit just above EUR 130 million.Positive outlook for 2010:* Revenues rise to EUR 2.5 billion* Net consolidated profit of EUR 145 million (± 5%) expectedBad Neustadt a.d. Saale, 29 October 2009 ----- RHÖN-KLINIKUM AG witnessedstrong growth in its key figures during the first nine months of 2009. Atotal of 1.35 million patients were treated within the entire Group. Thistranslates into a rise of 9.1% compared with the same period last year.Revenues climbed by 8.6% to reach EUR 1.72 billion. Net consolidated profitrose 8.9% to reach EUR 97.1 million.'These figures are proof that our offering - good medical care for everyone- is being well received', said Wolfgang Pföhler, chairman of the Board ofManagement of RHÖN-KLINIKUM AG, 'our organic growth has never been higher.'After nine months, EBITDA stood at EUR 209.6 million, exceeding the figureof the same period in 2008 by 8.9%. During the same period, EBIT grew by6.2% to EUR 134.8 million. It was optically burdened by EUR 4.0 millionfrom the recognition of tax loss carry-forwards without effect on income.Operating cash flow grew by 11.2% and reached EUR 173.9 million in thefirst nine months of the current financial year.After deducting minority interests in profit of EUR 4.8 million from netconsolidated profit, EPS now amounts to EUR 0.83. 'We have once again achieved record levels in our key figures', said Dr.Erik Hamann, CFO of the hospital Group. 'We have succeeded in offsettingcost increases by expanding our medical offering.'The Group currently has 48 hospitals with 14,874 beds at a total of 37sites in 9 federal states. As at the reporting date, the hospital groupcounted 34,828 employees. That is an increase of 1,149 employees or 3.4%compared with the beginning of the year.During the first nine months, RHÖN-KLINIKUM AG invested EUR 183.8 millionfrom own funds, with further investments planned up to the end of the year.'That is our contribution to securing healthcare delivery', Pföhler said.Outlook for 2010 After successfully carrying out the capital increase, the Company iscontinuing its growth course. The hospital Group plans to drive growth withthe acquisition of further hospitals, particularly in its core business ofacute inpatient care. The healthcare provider headquartered in the Rhönassumes that in the coming year the German state will increasingly come tosee co-operation with private hospital operators as a good offer forsecuring generalised healthcare provision.RHÖN-KLINIKUM AG sees itself well prepared for 2010. The Company expectshigher revenues and rising consolidated earnings. Specifically, revenues ofEUR 2.5 billion and net profit of EUR 145 million (± 5%) are expected.Given the developments in legislation next year that are not yet fullyforeseeable at this time, net consolidated profit may fluctuate within arange of plus or minus 5 per cent. As always, this initial forecast doesnot make any allowance for further acquisitions. 'This positive outlookunderpins our internal strength and our conviction that we will continueour Group's growth', concluded Pföhler.RHÖN-KLINIKUM AG is one of the largest healthcare providers in Germany. Itscorporate objective is high-quality medical care for everyone. Currently,the Group counts 48 hospitals at 37 sites as well as 22 medical carecentres (MVZs) throughout Germany. The Group employs more than 34,000persons. In financial year 2008, roughly 1.6 million patients were treatedin the Group's facilities.More information is available under: Irmgard StipplerMember of the Board of Management for Communication/IT Tel.: (09771) 65-1321 Fax: (09771) 65-1820 E-mail: kommunikation@rhoen-klinikum-ag.comDr. Erik HamannMember of the Board of Management for Financing, IR, Controlling Tel.: +49 (0)9771 65-1351 Fax: +49 (0) 9771 991736E-mail: vfire@rhoen-klinikum-ag.com29.10.2009 Financial News transmitted by DGAP
Language: EnglishCompany: RHÖN-KLINIKUM AG Schlossplatz 1 97616 Bad Neustadt a.d.Saale DeutschlandPhone: +49 (0)9771 - 65-0Fax: +49 (0)9771 - 97 467E-mail: rka@rhoen-klinikum-ag.comInternet: www.rhoen-klinikum-ag.comISIN: DE0007042301WKN: 704230Indices: MDAXListed: Regulierter Markt in Frankfurt (Prime Standard), München; Freiverkehr in Berlin, Düsseldorf, Hamburg, Stuttgart End of News DGAP News-Service